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MoviePass - Seed
Overview
About MoviePass - Seed
MoviePass Inc. announced it has raised its seed financing led by Animoca Brands, a Hong Kong-based game software, blockchain and venture capital company. The seed round also includes participation from Claritas Capital, Emerald Plus, Gaingels, Harlem Capital, PKO VC and Sandhill Angels. MoviePass declined to state how much money it had raised as part of the seed financing round. MoviePass said it plans to use the new funding to accelerate the beta relaunch of its movie theatre subscription service, and to develop and implement the company's Web3 strategy, which includes virtual reality cinema experiences and using technology to drive traffic to theaters. Spikes said Animoca Brands believes there is overlap between movie customers and fans of the metaverse and blockchain.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Corporate | Hong Kong | 2014 | 322 | -- | ||
| Corporate | United States of America | 2002 | 1 | -- | ||
| Fund | United States of America | 2015 | 23 | -- | ||
| Fund | United States of America | 2015 | 4 | -- | ||
| Fund | United States of America | -- | 11 | -- | ||
| Corporate | United States of America | -- | 1 | -- | ||
| Fund | United States of America | 2000 | 1 | -- |
Founders & Team
Stacy Spikes
Company Profile / Project Introduction
MoviePass, Inc. is an American subscription-based movie ticketing service. The service was launched in 2011 and allowed subscribers to purchase up to a movie ticket a day for a monthly fee.The service utilized a mobile app, where users check in to a theater and choose a movie and showtime, which resulted in the cost of the ticket being loaded to a prepaid debit card, which was used to purchase the ticket from the movie theater.